While the market will still offer major potential, the high growth rates of the past decade are looking increasingly unsustainable, as economic growth slows and pricing pressures increase. Even so, the market will remain one of the most attractive in the Asia-Pacific region. The medical device industry will benefit from key elements of China's 13th Five-Year Plan (2016-2020), notably the emphasis placed on the strategic importance of innovation as a fundamental driver of future development. Other strategic priorities, such as the programme to create a "Healthy China" and the drive to increase urbanisation through the establishment of a series of smart city clusters, will also support market growth.

Global Machine Vision Market Analysis & Trends - Industry Forecast to 2025 The Global Machine Vision Market is poised to grow at a CAGR of around 9.6% over the next decade to reach approximately $20.18 ...

While the market will still offer major potential, the high growth rates of the past decade are looking increasingly unsustainable, as economic growth slows and pricing pressures increase. Even so, the ...

Intelligent Transportation System Market: Trends and Opportunities Population in urban areas is increasing very rapidly and it is expected that more than 70% of the world’s population will live in metropolitan ...